{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{4}{c}}
\toprule
            &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}\\
            &\multicolumn{1}{c}{} &\multicolumn{1}{c}{} &\multicolumn{1}{c}{} &\multicolumn{1}{c}{} \\
\midrule
\emph{Characteristics:}&                     &                     &                     &                     \\
\addlinespace
\quad Market capitalization&       0.657\sym{***}&       0.597\sym{***}&       0.607\sym{***}&       0.367\sym{***}\\
            &     (0.089)         &     (0.097)         &     (0.092)         &     (0.108)         \\
\addlinespace
\quad Proof-of-Work&       0.929\sym{***}&       0.829\sym{***}&       0.721\sym{***}&       0.515\sym{***}\\
            &     (0.148)         &     (0.165)         &     (0.168)         &     (0.183)         \\
\addlinespace
\quad Beta  &       2.142\sym{***}&       2.427\sym{***}&       2.546\sym{***}&       2.055\sym{***}\\
            &     (0.241)         &     (0.270)         &     (0.272)         &     (0.299)         \\
\addlinespace
\quad Four-week momentum&       0.219         &       0.268         &       0.310         &       0.020         \\
            &     (0.233)         &     (0.247)         &     (0.253)         &     (0.237)         \\
\addlinespace
\emph{Beliefs:}&                     &                     &                     &                     \\
\addlinespace
\quad Price Increase&                     &       0.702\sym{***}&       0.559\sym{***}&       0.386\sym{**} \\
            &                     &     (0.181)         &     (0.181)         &     (0.189)         \\
\addlinespace
\quad Never Mainstream&                     &                     &      -1.695\sym{***}&      -1.427\sym{***}\\
            &                     &                     &     (0.337)         &     (0.382)         \\
\addlinespace
\quad High Potential&                     &                     &                     &       1.554\sym{***}\\
            &                     &                     &                     &     (0.154)         \\
\midrule
Macro controls&         Yes         &         Yes         &         Yes         &         Yes         \\
Demographics controls&         Yes         &         Yes         &         Yes         &         Yes         \\
Observations&      33,462         &      33,462         &      33,462         &      33,462         \\
\bottomrule
\end{tabular}
}
